In order to make a property investment scheme successful there are a number of different aspects that you need to take into account. Here we will discuss some of the different ways you can add market value to your property so you are able to receive more for it in the future. When looking for a property to purchase, a point you can consider is to look at a slightly less expensive property and evaluate whether work can be carried out to enhance its market value. This could be from simply refurbishing the home or by creating an extra room from building work. If this is feasible, then you will be able to greatly increase the value of the home and therefore have a more valuable asset available to you if you wish to sell it on to make a profit. Read the full report below ….

Adding Value to a Property

 Another way we have benefited from dealing is to spot properties where you can add value. Some of the best ones have  been properties where very few alterations are needed, small changes in layout, also extensions, corner-sited, conversion-potential  building plots.

When searching the net over a period of several weeks I noticed a studio flat. Now I have a phobia with studios as, when the market is  poor, they don’t sell well and lenders get very nervous about them. I thought I would view this one as it was a little expensive but the  market was strong at the time. But it had not sold over a period of months and also it was a period studio. I called the agent and asked if  he knew when it was converted or how long the lease was (this would give me an indication as to how long was left on the lease). It had  a 79-year lease so it was probably converted 20 years previously. I felt it was worth a view as some of the older conversions were very                                                    poorly laid-out, they were done on the cheap.